THE THREE GUINEAS TRUST
Financial health, per its FY2024 accounts
The accounts state that total net assets increased significantly from £25.4 million to £46.7 million due to large donations from the Settlor and The Gatsby Charitable Foundation. The Trust holds substantial unrestricted funds and expendable endowment, with the Trustees confirming no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“In the year under review, there was a transfer from expendable endowment of £1,392,930 (2023: £2,115,894) to clear the deficit on unrestricted funds.” — page 5
“Included within grant-related support costs is a total of £9,900 payable for legal services to BDB Pitmans LLP (2023: £7,948), a firm in which Mr D Flynn is a partner.” — page 27
“During the year to 5 April 2024 a net Gift Aid donation of £1,500,000 (2023: £975,000) was received from the Settlor who is a Trustee of The Three Guineas Trust.” — page 27
“Included within grant-related support costs is a total of £9,900 payable for legal services to BDB Pitmans LLP (2023: £7,948), a firm in which Mr D Flynn is a partner.” — page 27
“During the year to 5 April 2024 a net Gift Aid donation of £1,500,000 (2023: £975,000) was received from the Settlor who is a Trustee of The Three Guineas Trust.” — page 27
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- CLARE NATASHA SAINSBURYchair
- DAVID WOOD
- DOMINIC BRENDAN FLYNN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £4.4m | £3.9m |
| 05/04/2024 | £23.1m | £2.7m |
| 05/04/2023 | £1.6m | £2.6m |
| 05/04/2022 | £1.6m | £1.8m |
| 05/04/2021 | £1.9m | £2.3m |
Common questions
Is THE THREE GUINEAS TRUST financially healthy?
The accounts state that total net assets increased significantly from £25.4 million to £46.7 million due to large donations from the Settlor and The Gatsby Charitable Foundation. The Trust holds substantial unrestricted funds and expendable endowment, with the Trustees confirming no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Sayer Vincent LLP.
Who funds THE THREE GUINEAS TRUST?
Funders whose own accounts filings name THE THREE GUINEAS TRUST as a grant recipient include THE GATSBY CHARITABLE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE GATSBY CHARITABLE FOUNDATION | FY2024 | £20.0m |